Monty Pelerin's World

There are any number of areas that could be listed reasons for the collapse of Greece. This graph, from Dan Mitchell, is telling enough that it is probably not necessary to [...]

Europe The absurdity and desperation of Europe with regard to the Greece problem should be readily apparent to all save those mathematically or economically blind. Tyler Durden’s describes it simply: The [...]

Reader JJC provides some insight on Greece. The same pretensions are going on in other European countries and in the US. Greece is merely further along than others, although all [...]

Most people are unable or unwilling to imagine what is coming in Euro land. Despite all efforts, a scenario similar to the following will unfold. It will trigger a domino [...]

The IMF, in a working paper, states We find that, under our baseline scenario, a full elimination of the fiscal and generational imbalances would require all taxes to go up [...]

With earthquakes on people’s minds, the following might be of interest: Amid the outpouring of concern for disaster-ravaged Japan, experts claimed that many more areas of America are at risk [...]

The parallel between what is happening in Egypt and what may happen in the US is not as far-fetched as many want to believe. The article below, a bit shrill [...]

The horrors of a government in the process of being toppled are captured in this video from Egypt: Egypt is not a country noted for freedom. Nor was the Soviet [...]

While the focus on the travails of Greece and Europe are currently in the news, it could just as easily be the US dominating the financial headlines. Our financial condition [...]

In the early 20th century, Argentina was one of the richest countries in the world.  While Great Britain’s maritime power and its far-flung empire had propelled it to a dominant [...]

Quote of the day from As Greece Suffers More Strikes Liberals Should Watch Closely: As we watch the inevitable fissures in European style socialism breaking wide open for all to [...]

Many of you know that Chris Martenson is one of the best analysts around. He will not tell you what stocks to buy or when to buy and sell. Chris’ [...]